SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Location : Mumbai

MMRDA completes key construction milestone on Elevated Eastern Freeway Extension

23 Jul 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed a key construction milestone on the 13.9-km Elevated Eastern Freeway Extension (EFE) by successfully installing two 59-metre-long main trusses of a segment launcher over the Eastern Express Highway. The operation, completed within a four-hour traffic block, marks the beginning of the superstructure construction phase. The six-lane elevated corridor will connect Anand Nagar in Thane with Chheda Nagar in Ghatkopar and is expected to reduce travel time between South Mumbai and Thane to around 20–25 minutes after completion.Read more

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John Abraham acquires century-old Bandra bungalow for INR 84 crore, rules out redevelopment

23 Jul 2026

Actor John Abraham has acquired a century-old bungalow in Mumbai's Bandra for approximately INR 84 crore, adding another landmark property to the city's premium residential market. The heritage home, located in one of Bandra's most sought-after neighbourhoods, will be retained in its existing form, with no redevelopment planned. The transaction reflects the growing appeal of standalone heritage residences among high-net-worth buyers, even as redevelopment continues to dominate Mumbai's residential landscape.Read more

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BMC forms expert panel to review flyover and bridge projects amid concerns over design and execution

Mumbai News Desk

23 Jul 2026

The Brihanmumbai Municipal Corporation (BMC) has constituted an expert committee to review the planning, design and execution of major flyover and bridge projects following concerns raised over the recently opened extension of the Mrinaltai Gore Flyover in Goregaon. The panel will examine engineering practices, project approvals and construction standards to identify shortcomings and recommend corrective measures. The exercise is intended to strengthen quality control, improve project execution and minimise delays and design-related issues in future infrastructure works across Mumbai.Read more

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Rishabh Kshitij

23 Jul 2026

Mumbai City, India

Rishabh Kshitij is a new residential launch by Rishabh Constructions located in Chembur, Mumbai, offering 2 and 3 BHK apartments ranging from 690 to 972 Sq. Ft.

View Website | Visit RERA website

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Mumbai Port Authority targets INR 3,500 crore lease dues, begins legal action against top defaulters

22 Jul 2026

The Mumbai Port Authority (MbPA) has intensified its efforts to recover nearly INR 3,500 crore in unpaid lease rentals from eight major defaulting entities occupying port land on Mumbai's eastern waterfront. The authority has appointed senior legal officials and leading law firms to pursue recoveries and plans to initiate criminal action against unauthorised occupants. MbPA said the unpaid dues are affecting funding for key waterfront redevelopment and maritime infrastructure projects under its long-term master plan, while urging tenants to clear their outstanding liabilities.Read more

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INR 45 crore approved for AI-enabled bird park at Bhandup's Thane Creek Flamingo Sanctuary

Mumbai News Desk

22 Jul 2026

The Maharashtra government has approved INR 45 crore for an eco-tourism and bird park project at Bhandup, to be developed along the Thane Creek shoreline within the Ramsar-designated Thane Creek Flamingo Sanctuary. Mumbai Suburban Guardian Minister Ashish Shelar inspected the proposed site and said the project will feature India's first AI-powered bird detection and monitoring system at an eco-tourism destination, alongside a mangrove nature trail, observation towers and a nature interpretation centre. The project has already secured clearances from multiple state and central authorities and is expected to be developed with minimal disturbance to the surrounding ecology.Read more

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Navi Mumbai civic body deploys special sanitation team for Pandharpur Ashadhi Wari

22 Jul 2026

The Navi Mumbai Municipal Corporation (NMMC) has deployed a special sanitation team to Pandharpur as part of the Maharashtra government's Safai Apnao, Bimari Bhagao campaign during the Ashadhi Wari pilgrimage. With lakhs of devotees expected to visit the temple town, the civic body will undertake a two-day cleanliness drive focused on maintaining hygiene across key public areas. The operation will be carried out under the guidance of Municipal Commissioner Dr Kailas Shinde and will include sanitation inspectors, sanitation workers and specialised suction and jetting units. The initiative aims to ensure a clean and hygienic environment around the temple precincts, public conveniences and sewerage infrastructure during one of Maharashtra's largest annual religious gatherings.Read more

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NMMC confirms recruitment examinations will proceed as scheduled

22 Jul 2026

The Navi Mumbai Municipal Corporation (NMMC) has clarified that the online recruitment examinations under its Direct Recruitment 2025–26 drive will be conducted as scheduled on July 21 and 22 despite an earlier resolution passed by the General Body seeking a temporary suspension of the recruitment process. The civic body received 19,220 applications for 132 vacancies across Group A, Group B and Group C cadres. The examinations will be conducted by TCS iON across 13 centres in six districts. NMMC has put in place extensive administrative and security measures, including the appointment of coordination officers and observers, police deployment and mobile jammers, while urging candidates to rely only on official sources for recruitment-related information.Read more

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Notandas Realty directors acquire Juhu's Villa Wilson bungalow for INR 135 crore

Mumbai News Desk

22 Jul 2026

The directors of Mumbai-based luxury developer Notandas Realty, Mahesh Jagwani and Harsh Jagwani, have acquired the heritage Villa Wilson bungalow in Juhu for INR 135 crore, marking the company's second high-profile bungalow purchase in the suburb this year. Spread across a plot of about 1,038.5 square metres with a future developable area of roughly 11,836.94 square metres, the property was previously owned by the Wilson family for more than five decades. The company plans to develop a luxury residential project on the site with a projected gross development value of INR 600 crore.Read more

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Aurum PropTech posts INR 45.18 crore Q1 profit on Navi Mumbai asset sale

22 Jul 2026

Aurum PropTech Ltd reported a consolidated net profit of INR 45.18 crore for the first quarter of FY2026–27, reversing a loss recorded a year earlier, primarily due to gains from the sale of two commercial buildings in Navi Mumbai. The Mumbai-based PropTech company also reported a rise in total income to INR 119.01 crore during the April–June quarter. The asset sale, valued at INR 112 crore, was completed during the quarter, with the balance gain recognised as other income from discontinued operations. The results come days after Aurum PropTech announced the acquisition of Housing.com in an all-equity transaction aimed at expanding its digital real estate ecosystem.Read more

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Empire Aashirwad

22 Jul 2026

Mumbai City, India

Empire Aashirwad is a new launch residential apartment project by Empire Ventures located in Dahisar East, Mumbai, spreading across 0.25 acres. It offers 1 and 2 BHK configurations with unit sizes ranging from 391 to 601 sq. ft. and possession scheduled for December 2029.

View Website | Visit RERA website

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Kasheli Metro depot reaches 23% completion, supports phased rollout of Metro Line 5

21 Jul 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has recorded 23% physical progress on the Kasheli Metro Depot, the operations and maintenance hub for Metro Line 5 connecting Thane, Bhiwandi, Kalyan and Ulhasnagar. Spread across nearly 27 hectares, the depot is being developed in phases to support early testing and commissioning of the metro corridor. The project will house train stabling, inspection, maintenance and administrative facilities, while advanced ground improvement techniques are being used to address challenging soil conditions and ensure long-term structural stability. Once operational, it will become the technical backbone of Metro Line 5.Read more

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Contractor gets anticipatory bail in INR 65 crore Mithi river desilting scam

Mumbai News Desk

21 Jul 2026

A Mumbai sessions court has granted anticipatory bail to businessman Lokesh Jain, a partner at M/s Bhumika Transport, in connection with the alleged INR 65 crore Mithi river desilting scam. The court observed that police had not arrested Jain despite the case being registered in May 2025, and noted that the documents in question had already been seized from officials of the BMC's Storm Water Drains department. The prosecution had alleged that Jain, along with co-accused, conspired to cause wrongful loss to the civic body through forged log sheets and inflated machine hire arrangements during desilting work carried out between 2023 and 2025.Read more

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MMRDA Strengthens Last-Mile Metro Connectivity by Providing Direct Access to Large Commercial and Residential Developments Across the Mumbai Metro Network

21 Jul 2026

MMRDA has approved direct Foot Over Bridge (FOB) connectivity between a Metro Line 4 station and the Godrej commercial campus in Vikhroli as part of its initiative to strengthen last-mile connectivity across Mumbai's Metro network. The project is expected to improve commuter convenience, enhance pedestrian safety and encourage higher Metro ridership. Under MMRDA's policy, private developers bear the construction cost and pay a one-time development fee along with supervision charges. Following the Oberoi Mall connection on Metro Line 7, MMRDA is also evaluating similar proposals, including one for Bharat Diamond Bourse.Read more

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Ajmera Realty's Q1 FY27 sales value rises 35% to INR 146 crore on strong Mumbai demand

Mumbai News Desk

21 Jul 2026

Ajmera Realty & Infra India reported a 35% year-on-year increase in sales value to INR 146 crore for the first quarter of FY27, driven by sustained demand across its residential projects in the Mumbai Metropolitan Region. Customer collections stood at INR 173 crore, while sales volume declined amid a lower number of project launches during the quarter. The company said it remains focused on expanding its development pipeline and achieving its FY27 sales guidance through upcoming launches across key micro-markets.Read more

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Western Railway seeks defence land to develop mega rail terminus in Mumbai

Mumbai News Desk

21 Jul 2026

• Western Railway (WR) has approached the Ministry of Defence seeking around 48 hectares of defence land in Kandivali to develop a new mega railway terminus aimed at easing congestion at Mumbai Central, Bandra Terminus and other existing stations.
• The proposed terminus is planned to handle long-distance trains originating from and terminating in Mumbai, while improving passenger distribution across the suburban rail network.
• Railway officials have proposed a land exchange, offering an equivalent parcel of railway land to the defence authorities, and discussions between the two sides are currently underway.
• If approved, the project is expected to strengthen Mumbai's railway infrastructure, support future passenger growth and improve connectivity in the city's northern suburbs.
Read more

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Perfect Saffronwoods CHS

21 Jul 2026

Mumbai City, India

Perfect Saffronwoods CHS by Perfect Group in Kandivali West, Mumbai is a new launch residential development offering 1, 2, and 3 BHK apartments ranging from 454 to 890 sq. ft.

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Avira Sai Shreeji CHS

20 Jul 2026

Mumbai City, India

Avira Sai Shreeji CHS is a boutique low-density residential project by Avira Realty Pvt Ltd located in Andheri West, Mumbai, offering exclusive 1 and 2 BHK apartments. Spread across 0.2 acres, the project features modern amenities like a normal park, indoor games, yoga areas, and 24/7 security with seamless connectivity via New Link Road and Versova Road.

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Slab collapse at Koparkhairane residential building prompts evacuation

19 Jul 2026

A portion of the third-floor slab in a residential building at Koparkhairane, Navi Mumbai, collapsed during the past week, prompting the Navi Mumbai Municipal Corporation (NMMC) to evacuate the building as a precautionary measure. The incident occurred at Arthav Society in Sector 18, where the slab of Flat No. 302 gave way and fell into the flat directly below. No casualties or injuries were reported. As part of emergency safety measures, civic authorities arranged temporary accommodation for affected residents at Annasaheb Patil Hall in Sector 5, disconnected electricity and water supply to the building, and sealed the premises. Police personnel have also been deployed at the site to prevent unauthorised access.Read more

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PCPL delivers 14 lakh sq. ft of redevelopment projects in Mumbai, plans 21 lakh sq. ft pipeline

19 Jul 2026

Mumbai-based Pranav Constructions Private Limited (PCPL) has delivered more than 14 lakh sq. ft of redeveloped residential space across the city as of March 2026 and has outlined a future pipeline exceeding 21 lakh sq. ft. The developer has completed 28 redevelopment projects, benefiting over 2,450 families, while expanding beyond its traditional presence in Mumbai's western suburbs into neighbourhoods including Santacruz, Bandra, Andheri, Mahim and Matunga. PCPL currently has 20 redevelopment projects under construction and plans to add 18 more developments across western Mumbai and South Mumbai as it strengthens its presence in key urban redevelopment markets.Read more

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